FATUS Foreign Agricultural Trade of the United States May/June 1986

U.S. agricultural exports t0taled $17.3 billion in the first 7 months of fiscal year CFY) 1986, 19 percent below the same period of 1985. Agricultural imports in the first 7 months advanced 4 percent over the same 1985 period to $12.3 billion. Tbe decline of the U.S. dollar abated in ~furch and April 1986. U.S. agricultural exports under credit guarantees of the Commodity Credit Corporation fell more than 25 percent in FY 1985 to about $2.8 billion from $3.8 billion in FY 1984. U.S.Soviet trade remains heavily tilted in favor of the United States, mainly due to Soviet purchases of U.S. grain.